BNP Paribas launches Article 9 climate fund
Firm hopes to raise €500-700m (£430-602m) from investors
Product News
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Candriam launches alternatives platform
Steeve Brument appointed global head of alternatives
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AJ Bell increases cash interest rates after FCA platform warning
Will also cut trading fees
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7IM acquires financial planner Amicus Wealth
Adds near £1bn in assets
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Tillit marks seven underachieving funds at risk in new performance report
First annual report focused on performance of active funds
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Hipgnosis Song fund offloads 20,000 songs from portfolio
Sale made at 14.2% discount
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Abrdn invests more than £30m in shares of its own investment companies
Amount is equivalent to six months’ worth of management fees
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Atlantic House renames total return fund to ‘better reflect’ asset allocation
Now renamed Atlantic House Balanced Return
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FE Fundinfo announces distribution channel services
aimed towards asset managers facing fee changes
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IA: Investors withdraw £137m in October, steadying from September’s £1.5bn
Short term money market brings in £650m while UK all companies loses £939m
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Niche Asset Management launches Indonesia fund under Jungle Project
Fund to focus on Indonesian small caps
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Han ETF launches Article 8 copper miners strategy
Demand for copper expected to rise due to its role in the clean energy transition